SBA LOANS

These loans are guaranteed by the Small Business Administration because of this they offer some of the lowest rates on the market, as well as long repayment terms and the ability to borrow up to $5 million. Repayment ranges from 15- 25 years based upon how you plan to use the money. SBA loans are best for strong credit borrowers who have been operating for 2 years and are willing to work on the long application process to expand their business or refinance debt.

Qualifying for a Small Business Loan

When determining an applicant’s eligibility for financing, we primarily focus on the state of the business’s finances and not the individual’s. We want to see that your business has consistent cash flow and that you manage your business funds responsibly. If our assessment reveals that you do, we may issue a prequalification in as few as 48 hours. Applying and qualifying for our SBA loans is that easy.

Our loans carry terms of between 15 and 25 years and come with financing of between 80% and 95%. They feature competitive rates, are amortized and come with no prepayment penalties. For both our 7a and 504 programs, rates are both fixed and variable.

Financing for Industrial, Commercial and Real Estate Properties

An essential part of business operations is real estate and we want to ensure you have the funds you need to finance the purchase, refinance, build or renovation of a property. Types of properties our SBA loans help fund are as follows:

Hotels and motels
Veterinary practices
Child-care facilities
Car repair shops
Car dealerships
Gas stations
Car washes
Single-purpose buildings
Non-conforming properties

Reliable Equipment Financing

Our loan products can also help you finance equipment both large and small. Below are examples of equipment borrowers have purchased with these loans: